Nikhil Adhesives Ltd. | Small-cap | Basic Materials
₹98.85
-2.47%
| Nikhil Adhesives Stock Comparison:
Nikhil Adhesives vs Asian PaintsNikhil Adhesives vs Pidilite IndustriesNikhil Adhesives vs ResponsiveNikhil Adhesives vs Balaji AminesNikhil Adhesives vs Tanfac IndustriesNikhil Adhesives vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 1.2B
Gross Profit 311.4M 25.22%
Operating Income 63.7M 5.16%
Net Income 35.7M 2.89%
EPS (Diluted) ₹0.78

Balance Sheet Metrics

Total Assets 3.2B
Total Liabilities 1.9B
Shareholders Equity 1.3B
Debt to Equity 1.49

Cash Flow Metrics

Revenue & Profitability Trend

Nikhil Adhesives Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i5.7B5.6B7.3B8.0B4.8B
Cost of Goods Sold i4.6B4.6B6.3B7.1B4.2B
Gross Profit i1.1B927.8M968.9M899.1M695.7M
Gross Margin % i19.6%16.7%13.3%11.2%14.4%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i146.9M95.4M79.8M47.0M23.5M
Other Operating Expenses i353.4M296.9M324.3M280.0M238.6M
Total Operating Expenses i500.4M392.3M404.1M326.9M262.0M
Operating Income i304.0M242.6M334.8M392.1M265.7M
Operating Margin % i5.3%4.4%4.6%4.9%5.5%
Non-Operating Items
Interest Income i977.0K606.0K714.0K785.0K451.0K
Interest Expense i65.2M56.6M40.5M22.3M28.4M
Other Non-Operating Income-----
Pre-tax Income i224.2M179.3M235.4M339.9M211.8M
Income Tax i55.6M46.8M65.0M87.3M55.2M
Effective Tax Rate % i24.8%26.1%27.6%25.7%26.1%
Net Income i168.6M132.5M170.4M252.6M156.5M
Net Margin % i2.9%2.4%2.3%3.2%3.2%
Key Metrics
EBITDA i357.6M298.6M329.4M408.4M283.6M
EPS (Basic) i₹3.67₹2.88₹3.71₹5.50₹3.41
EPS (Diluted) i₹3.67₹2.88₹3.71₹5.50₹3.41
Basic Shares Outstanding i4594300045943000459430004594300045943000
Diluted Shares Outstanding i4594300045943000459430004594300045943000

Income Statement Trend

Nikhil Adhesives Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i43.2M110.3M35.9M48.9M17.6M
Short-term Investments i11.8M7.4M2.9M11.5M10.8M
Accounts Receivable i1.1B1.0B1.1B1.4B1.5B
Inventory i881.0M759.6M842.0M757.1M718.1M
Other Current Assets58.7M1.0K-1.0K76.8M44.0M
Total Current Assets i2.3B2.0B2.1B2.5B2.4B
Non-Current Assets
Property, Plant & Equipment i1.8M1.5M1.4M22.8M88.0K
Goodwill i6.4M0000
Intangible Assets i6.4M----
Long-term Investments-----
Other Non-Current Assets-1.0K12.8M-2.0K-2.0K1.0K
Total Non-Current Assets i975.4M955.5M835.3M667.0M556.8M
Total Assets i3.2B3.0B3.0B3.2B2.9B
Liabilities
Current Liabilities
Accounts Payable i876.2M927.4M1.2B1.6B1.6B
Short-term Debt i326.7M261.9M163.3M96.2M78.8M
Current Portion of Long-term Debt-----
Other Current Liabilities47.4M42.9M76.0M95.3M168.4M
Total Current Liabilities i1.6B1.5B1.7B2.1B2.0B
Non-Current Liabilities
Long-term Debt i265.8M277.6M184.2M182.0M203.1M
Deferred Tax Liabilities i56.6M53.0M44.6M37.6M33.6M
Other Non-Current Liabilities1.0K-1.0K-3.0K-1.0K
Total Non-Current Liabilities i368.0M360.8M256.7M241.2M255.8M
Total Liabilities i1.9B1.8B1.9B2.3B2.3B
Equity
Common Stock i46.0M46.0M46.0M46.0M46.0M
Retained Earnings i1.0B881.5M758.2M596.9M351.2M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.3B1.1B1.0B854.5M608.8M
Key Metrics
Total Debt i592.5M539.5M347.5M278.2M281.9M
Working Capital i690.3M545.2M438.2M428.7M307.8M

Balance Sheet Composition

Nikhil Adhesives Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i224.2M179.3M235.4M339.9M211.8M
Depreciation & Amortization i-----
Stock-Based Compensation i-----
Working Capital Changes i-213.5M149.1M307.8M-91.4M-798.3M
Operating Cash Flow i91.8M398.0M606.3M307.6M-519.9M
Investing Activities
Capital Expenditures i-110.4M-171.9M-190.2M-151.8M-72.6M
Acquisitions i-----
Investment Purchases i---643.0K-621.0K-1.7M
Investment Sales i--0797.0K0
Investing Cash Flow i-99.4M-171.9M-190.9M-151.6M-74.3M
Financing Activities
Share Repurchases i-----
Dividends Paid i-9.2M-9.2M-9.2M-6.9M-4.6M
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i52.5M87.6M54.3M13.8M-118.0M
Free Cash Flow i-41.4M-29.5M14.5M95.3M156.8M
Net Change in Cash i44.9M313.6M469.7M169.8M-712.2M

Cash Flow Trend

Nikhil Adhesives Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 30.64
Price to Book 3.63
Price to Sales 0.86
PEG Ratio -1.44

Profitability Ratios

Profit Margin 2.81%
Operating Margin 5.16%
Return on Equity 12.99%
Return on Assets 5.22%

Financial Health

Current Ratio 1.44
Debt to Equity 45.67
Beta 0.01

Per Share Data

EPS (TTM) ₹3.35
Book Value per Share ₹28.30
Revenue per Share ₹119.09

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
nikhilad4.8B30.643.6312.99%2.81%45.67
Asian Paints 2.3T62.9011.6618.28%10.63%11.42
Pidilite Industries 1.5T69.6415.5420.85%16.16%4.56
Responsive 49.9B24.813.7114.78%13.95%19.05
Balaji Amines 46.1B30.212.497.80%11.11%0.55
Tanfac Industries 45.2B46.4014.3432.50%15.83%13.28

Financial data is updated regularly. All figures are in the company's reporting currency.